A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.

February 25, 2008

Let's give it a shot. This I'm sure would make a search-engine-manipulator flame-baiter fake-contest-awarder like Greg Swann's head explode

We are the Greatest Real Estate Agent In The World!!!

HousingPANIC hates the greatest real estate agent in the world!!!

I have no idea how google search works, but I know it's magic, so HousingPANIC should be the greatest real estate agent in the world.

He he he

What is this” GREATEST REAL ESTATE AGENT IN THE WORLD ” phenomena that has been spreading across the web like a California Wildfire?

It’s an SEO contest concocted by creator, Eric Bramlett and fat prize donator, realestatewebmasters.com held to determine who can rank #1 on Google May 1st 2008 for the term Greatest Real Estate Agent in the World.

I guess the prize should go to this agent from WCI Communities Inc., who put together this ad:"What Are You Waiting For? Its Pelican Preserve community in nearby Fort Myers features a 2,400-square-foot (223-square-meter), three-bedroom carriage house marked down to $339,350 from $628,995, a cool savings of 46 percent. The association fee for the complex is $500 a month."

Bloomberg's John F. Wasik wrote a nice piece titled: Homebuyer Patience Triumphs in a Waiting Game, in which he says:

"Upon further investigation, I discover that WCI, like most large builders these days, is struggling. The cancellation rate for their houses was 44 percent in the third quarter last year, and the company had a loss of almost $70 million. Sales fell 61 percent."

Wasik's advice to you:"Prices are going to fall a lot more than Freddie Mac's forecast 12percent in the most overpriced areas, which may experience 50 percent declines or more. Patience is a virtue in this market. It will also net you a better deal if you can turn off your game-show impulses."

I went to Real Estate School in 2005 hoping to be the THE GREATEST REAL ESTATE AGENT IN THE WORLD, but then I found HP, and I WAS SAVED!

I passed their "test", but never bothered to find a broker to hang my license with. I just couldn't stomach it after I learned how the whole racket worked in Weichert Real Estate School. I remember sitting in class thinking... people pay people to do this? It just didn't make sense, but I had paid my $350 for that demystification seminar so I stuck it out.

Thank you Keith for all your work here. Hopefully you will be the force that continues to show that "profession" for what it is. A giant joke.

Greatest Real Estate Advisory Blog in the World.I think it would be illeagal to use "agent",or Real Estate.Real Estate is a patented term from what I have read,Thus the true reason for a license.Who Knew?

The Democrats are ready to pull the trigger. The Foreclosure Prevention Act of 2008 will destroy what is left of the credit markets and world economy.

The Foreclosure Prevention Act of 2008's most important - and most controversial - provision would allow judges to reduce mortgage balances for at-risk borrowers to current market prices.

House prices have fallen sharply during the past year, taking many mortgage borrowers "underwater," meaning they owe more than their homes are worth.

Under the bill, a mortgage balance of, for example $200,000, could be reduced to what the home would sell for, say $160,000, on the open market. That would save the borrower hundreds of dollars a month in mortgage payments.

Senate Democrats will seek to force an immediate vote on the bill, according to Jaret Seiberg, senior vice president at the Stanford Group, a Washington policy research firm.